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Sula Vineyards Limited (SULA.NS)

INR148.69 +0.06 (+0.04%)
IN NSE Consumer Defensive Beverages - Wineries & Distilleries
Address 901, Solaris One 400069
Mumbai, MH, IN
CEO Rajeev Samant
IPO 2022-12-22
ISIN INE142Q01026

Explore sections of this company profile

Also trades on Bombay Stock Exchange · SULA.BO (INR) National Stock Exchange of India · SULA.NS (INR)
Description

Sula Vineyards Limited manufactures, purchases, and sells wine and other alcoholic beverages in India and internationally. It offers white, red, rosé, and sparkling wines; and spirits under the RASA, The Source, Dindori, SULA CLASSICS, and York brand names. The company also owns and operates wine tourism venues, including vineyard resorts and tasting rooms, as well as restaurants. It sells its products through distributors, corporations, licensed resellers, company depots, defense units, and other points of sale, as well as direct-to-consumer and online channel. Sula Vineyards Limited was founded in 1996 and is headquartered in Mumbai, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR148.69 +0.06 (+0.04%)
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Volume Profile
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Liquidity & share structure
Average Volume
302.8K
Beta
0.48
Float Shares
60.78M
Free Float %
72.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.46% -8.26% +1.40% -7.74% -33.39% -24.06% -43.15% -61.95% -50.23% -50.23% -50.23%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
148.69
DCF (Unlevered) 53.21 -64.2%
DCF (Levered) 10.02 -93.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 50% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 1 0
Hold 2 -1
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.53
Grey zone
Piotroski F-Score
4 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Beverages - Wineries & Distilleries: -2.7%
    -4.0% Q1'26: +0.6% (vs Q1'25)
  • EPS growth Beverages - Wineries & Distilleries: -4.2%
    -63.5% Q1'26: -34.2% (vs Q1'25)
  • FCF margin FCF growth · Beverages - Wineries & Distilleries: +19.1%
    +5.7% Q1'26: -12.7% (vs Q1'25)
  • EBIT margin Beverages - Wineries & Distilleries: +16.0%
    +11.6% Q1'26: +13.1% (vs Q1'25)
  • ROIC Beverages - Wineries & Distilleries: +6.4%
    +5.1% Q1'26: +5.5% (vs Q1'25)
  • Share dilution Beverages - Wineries & Distilleries: +0.0%
    +0.0% Q1'26: +0.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Beverages - Wineries & Distilleries: -0.29×
    3.22× Q1'26: 3.00× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.56) × ERP
WACC = 82% × Ke + 18% × Kd (9.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 53.21 Current price: 148.69
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
2 Rev. Ana.
2 EPS Ana.
Mar 2027
1 Rev. Ana.
4 EPS Ana.
Mar 2028
3 Rev. Ana.
4 EPS Ana.
Mar 2029
1 Rev. Ana.
2 EPS Ana.
Mar 2030
1 Rev. Ana.
2 EPS Ana.
Revenue
5.17B
est: 5.19B (-0.5%)
5.68B
est: 5.82B (-2.5%)
5.79B
est: 5.80B (-0.2%)
5.61B
5.59B – 5.63B
-3.4% YoY
6.26B
6.05B – 6.38B
+11.6% YoY
6.84B
6.41B – 7.09B
+9.3% YoY
8.60B
8.31B – 8.77B
+25.8% YoY
9.58B
9.26B – 9.77B
+11.4% YoY
EBITDA
1.59B
est: 1.39B (+14.7%)
1.82B
est: 1.57B (+15.6%)
1.53B
est: 1.57B (-2.5%)
1.52B
1.51B – 1.52B
-3.4% YoY
1.69B
1.64B – 1.72B
+11.6% YoY
1.85B
1.73B – 1.92B
+9.3% YoY
2.33B
2.25B – 2.37B
+25.8% YoY
2.59B
2.50B – 2.64B
+11.4% YoY
EBIT
1.33B
est: 1.08B (+23.1%)
1.50B
est: 1.23B (+21.8%)
1.18B
est: 1.23B (-4.0%)
1.19B
1.18B – 1.19B
-3.4% YoY
1.33B
1.28B – 1.35B
+11.6% YoY
1.45B
1.36B – 1.50B
+9.3% YoY
1.82B
1.76B – 1.86B
+25.8% YoY
2.03B
1.96B – 2.07B
+11.4% YoY
Net Income
840.50M
est: 846.08M (-0.7%)
933.10M
est: 942.60M (-1.0%)
702.00M
est: 687.62M (+2.1%)
311.13M
290.23M – 332.03M
-54.8% YoY
538.90M
373.66M – 805.06M
+73.2% YoY
702.15M
555.51M – 822.96M
+30.3% YoY
— – —
-100.0% YoY
— – —
SGA
770.20M
est: 1.23B (-37.2%)
1.56B
est: 1.58B (-1.2%)
1.86B
est: 1.57B (+18.1%)
1.52B
1.51B – 1.53B
-3.4% YoY
1.70B
1.64B – 1.73B
+11.6% YoY
1.85B
1.74B – 1.92B
+9.3% YoY
2.33B
2.25B – 2.37B
+25.8% YoY
2.60B
2.51B – 2.65B
+11.4% YoY
EPS
10.19
est: 10.00 (+1.9%)
11.06
est: 11.17 (-0.9%)
8.32
est: 8.23 (+1.1%)
3.69
3.44 – 3.94
-55.1% YoY
6.48
4.43 – 9.54
+75.6% YoY
8.41
6.58 – 9.75
+29.7% YoY
— – —
-100.0% YoY
— – —
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 B- 2/5 3/5 2/5 3/5 2/5 1/5 3/5
2026-05-07 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 C- 1/5 3/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 C- 1/5 4/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-208.82M
OE per share TTM
-2.46
Owner's Yield
-1.38%
Maintenance CapEx ratio
372.62%
Maint CapEx / Avg PPE
83.6%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 2 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 WisdomTree India Earnings Fund EPI 0.01% 205.4K 0.84%
2 State Street SPDR S&P Emerging Markets Small Cap ETF EWX 0.01% 52.3K 0.65%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
772.5K
Shares Outstanding
84.45M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Rajeev Suresh Samant Promoter, Founder, MD, Chief Executive Officer & Director 59M male
Gayathri S. Iyer Company Secretary & Compliance Officer female
Gorakh Gaikwad Chief Operating Officer & Chief Winemaker male
Mandar Kapse Head of Investor Relations male
Monit Ravindra Dhavale Senior Vice President of Hospitality Business male
Neeraj Sharma Senior Vice President of Sales male
Prashant Marathe Vice President of Legal & Compliance
Sahil Misra Global Brand Ambassador & Head of Exports male
Abhishek Kapoor Chief Financial Officer male
Sanjeev Shivaji Paithankar Senior Vice President of Public Affairs male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits